Search results

“Compared with the first quarter of 2025, the seasonally and working-day adjusted GDP was up by 0.5%,” stated Robert Müürsepp, team lead of national accounts at Statistics Estonia. According to Müürsepp, it is too early to say how the consumer price index adjustment will affect GDP calculations. “It is highly unlikely that it will have a significant impact,” he said. What is a flash estimate of GDP? Although the official GDP figure will be released on 29 August, the information currently available can be used to assess the overall economic situation. This includes trade indicators, transport

“Compared with the first quarter, labour market indicators have improved, but remain below the figures for the second quarter of 2024,” said Tea Vassiljeva, analyst at Statistics Estonia. The analyst noted that while the unemployment rate in the second quarter (7.8%) was slightly higher than in last year’s second quarter (7.6%), it was 0.8 percentage points lower than in the first quarter of 2025. “The unemployment rate for men (8.4%) was higher than that for women (7.2%). There were a total of 59,200 unemployed persons in the second quarter, which is 5,000 fewer than in the previous quarter

Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the second quarter, compared with the same period in 2024, the construction price index was primarily influenced by the increase in wages of workers, which accounted for 37% of the index change. However, the impact of wage growth on the change in the index was 5.5 percentage points lower than last year. “Compared with the first quarter of 2025, labour force was 0.1% more expensive, whereas the cost of using building machines and the price of building materials each increased by 1.2%. The rise in the cost of machinery was

Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 5% lower than in October of 2019, the pre-pandemic record year. Compared with October 2019, there were 30,000 fewer foreign tourists accommodated in Estonia, while the number of domestic tourists was higher by 16,000 in October this year. 143,000 foreign and 132,000 domestic tourists were accommodated in Estonia in October 2024. “The number of domestic tourists, which in 2024 has been in decline for most months year on year, took an upturn in October,” noted Laurmaa. Nearly 58,000

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in June was up by 0.9% compared with May and by 5% year on year. “Compared with June 2024, the index was affected the most by the 8.4% higher prices of food products. In transport, prices increased by 7.5%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from May, including an increased appointment fee for specialist medical care, which also affected the index year on year (10.1%). A

Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. “Compared with the previous month, we see price increases in all major sectors except for clothing and footwear and food service and accommodation. The price rises were influenced, among other things, by the increase in VAT in July and the excise duties on tobacco and petrol,” explained Lauri Veski, team lead of consumer price statistics at

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in retail trade volume in June was influenced by stores selling manufactured goods and by enterprises engaged in the retail sale of automotive fuel – the turnover volume of each was up by 12% year on year. “However, the turnover volume of grocery stores continued to decline, falling by 4% compared with June last year,” Pihlak added. Among stores selling manufactured goods, the biggest increase at 22% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories

Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, compared with June 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and food products had the opposite effect on the index. Producer prices increased by 1.3% in manufacturing as a whole, and the rise in the manufacture of food products continued, increasing by 5.7% year on year,” Valgenberg added. Compared with May, the producer price index in June

According to Statistics Estonia's survey on information technology, the use of artificial intelligence-based technologies has risen significantly in 2024 compared with the previous year, and cyber security has become increasingly important. 5% of enterprises used at least one AI technology in 2023, whereas in 2024, this figure has risen to 14%. Of large enterprises, 10% said they had experienced a disclosure of confidential data.